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Fly News Breaks for June 21, 2017
RHT
Jun 21, 2017 | 07:54 EDT
As noted earlier, Stifel upgraded Red Hat to Buy from Hold. Analyst Brad Reback upgraded the stock based on the company's stronger than expected Q1 results, saying that the company is benefiting from strong demand for hybrid cloud conversions. Target to $115 from $83.
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